This para in the new article was particularly interesting. If the indicative views were off the mark WEB would not have progressed this far in the process. This para was in my view quite positive that the indicative views were worth WEB engaging advisors and setting up a board committee to assess, while looking at setting up a data room.
"A couple of weeks later, Webjet and its bankers received indicative views from potential suitors on the company’s valuation, which were then discussed at the pre-Christmas board meeting."
WEB Price at posting:
$14.24 Sentiment: Buy Disclosure: Held
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